Permits have been filed for a 17-story mixed-use building at 1240 River Avenue in Concourse, The Bronx. Located between East 167th Street and East 168th Street, the lot is steps from the 167th Street subway station, served by the 4 trains. Spencer Orkus at L+M Development Partners is listed as the owner behind the applications.
The proposed 185-foot-tall development will yield 364,454 square feet, with 223,550 square feet designated for residential space and 140,904 square feet for community facility space. The building will have 328 residences, most likely rentals based on the average unit scope of 681 square feet. The concrete-based structure will also have a cellar, a 60-foot-long rear yard, and 68 enclosed parking spaces.
Andrew Bernheimer of Bernheimer Architecture is listed as the architect of record.
Demolition permits have not been filed yet. An estimated completion date has not been announced.
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